zonsopkomst, to Economics
@zonsopkomst@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar

US Treasury secretary seeks European support in economic war against China

https://www.wsws.org/en/articles/2024/05/22/basm-m22.html

br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar
skykiss, to random
@skykiss@sfba.social avatar

Since we now know Alito was flying his flag upside down at the time, let’s review one of the plans the coup plotters had involving him.

This interview by criminal defendant Powell is interesting. It suggests that the purpose of the insurrection was to DELAY the electoral college certification to give #Alito time to intervene on this legal challenge. But, Powell says they didn’t anticipate Pelosi reconvening Congress that day.

#scotus #insurrection #corruption #lawfedi #fedilaw #RemoveAlito #ScotusIsCorrupt

Crimal defendant Powell is interesting. It suggests that the purpose of the insurrection was to DELAY the electoral college certification to give #scotus #Alito time to intervene on this legal challenge. But, Powell says they didn’t anticipate Speaker Pelosi reconvening Congress.

skykiss,
@skykiss@sfba.social avatar

ChristoFascist thug ensures children are forced to birth their rapist baby, Women & girls bleed out while healthcare is denied ... this monster has two insurrection flags signaling solidarity ....Alito must recuse himself. Then, preferably resign and apologize to the American people.

Now, Alito is refusing to answer questions about the second flag. That dog won't hunt.

& have shown blatant political bias and a censure resolution should only be Step 1.

Alito is required to recuse under 28 USC 455 where his impartiality could reasonably be questioned. My research shows that a sitting judge can be disbarred. I presume he still has a license. Americans, we are going to stay on him like a bloodhound. tax audit now. Find the bribes.

br00t4c, to random
@br00t4c@mastodon.social avatar
wjmaggos, to random
@wjmaggos@liberal.city avatar

"The U.S. Treasury and the are separate entities. The manages all of the money coming into the govt and paid out by it. The Fed's primary responsibility is to keep the economy stable by managing the supply of money in circulation."

This makes sense. The rest of the article, explaining how the Fed does other stuff too, confuses me. The Treasury should do all that. The Fed's primary responsibility should be its only responsibility.

https://www.investopedia.com/articles/economics/08/treasury-fed-reserve.asp

br00t4c, to random
@br00t4c@mastodon.social avatar
Nonilex, to iran
@Nonilex@masto.ai avatar

to levy against over attack on

The will impose sanctions on Iran’s missile & drone program, as well as entities supporting the Iranian regime or military, adviser Jake Sullivan announced late Tues.
Earlier in the day, Secretary Janet Yellen said additional sanctions on Iran would be forthcoming in retaliation for its attack against Israel over the weekend.


https://www.washingtonpost.com/business/2024/04/16/sanctions-iran-biden-china/

Nonilex,
@Nonilex@masto.ai avatar

will not hesitate to work w/our allies to use our authority to continue disrupting the Iranian regime’s malign & destabilizing activity,” she said.
Experts, however, say the faces limited meaningful options for doing so w/o antagonizing or risking a spike in the price of oil.

br00t4c, to TikTok
@br00t4c@mastodon.social avatar

From overcapacity to TikTok, the issues covered during Janet Yellen's trip to China

https://www.independent.co.uk/news/world/americas/janet-yellen-ap-china-beijing-washington-b2525467.html

br00t4c, to China
@br00t4c@mastodon.social avatar

US treasury secretary Yellen warns China on military and economic fronts

https://www.wsws.org/en/articles/2024/04/08/dyst-a08.html

br00t4c, to random
@br00t4c@mastodon.social avatar

Treasury minister: reports of 'spear-fishing' cyber-attacks on MPs 'extremely troubling' - UK politics live

https://www.theguardian.com/politics/live/2024/apr/05/william-wragg-rishi-sunak-keir-starmer-rachel-reeves-conservatives-labour-uk-politics-live-april-5

br00t4c, to random
@br00t4c@mastodon.social avatar

Treasury secretary heads to China to talk trade, anti-money laundering and Chinese 'overproduction'

https://www.independent.co.uk/news/world/americas/janet-yellen-ap-china-united-states-joe-biden-b2523065.html

br00t4c, to random
@br00t4c@mastodon.social avatar
Nonilex, to Finance
@Nonilex@masto.ai avatar

Truth Social Won't Bail Out

Yes, the company went public. No, it is not a financial success—or even a lifeboat.

Debuting on the charts w/a “DJT” ticker, saw a 55% surge in valuation right after markets opened.

Huge influx of cash, right? w/Trump holding ~79M shares, equating to 58% of available stock, the debut balloons his by nearly $5B; there were ~136M shares outstanding post-merger.


https://slate.com/business/2024/03/truth-social-public-trump-finances-explained.html

Nonilex, (edited )
@Nonilex@masto.ai avatar

You may be wondering just whence that staggering arises,then. There are a couple factors at play—namely, rich friends & retail-level suckers.
…As a established w/the express purpose of gathering & absorbing them into the minimally operational , curried investments from all manner of private institutions,most significantly … meaning , the who’s been floated as potential sec if is reelected.

skykiss, to random
@skykiss@sfba.social avatar

"Truth social" Scam Phantom Stock:

  • Social media platform is like phantom stocks. They appear substantial, but their value is elusive.
  1. How Phantom Stock Works:
  • Phantom shares mimic real stock value.
  1. Pump & Dump Scheme: A fraudulent practice where individuals artificially inflate the price of a stock (or in this case, social media company) to attract unsuspecting or criminal/dark money investors who “pump” stock prices, the inflated worth is illusory.

  2. Money Laundering: Trump concealing the origins of illicitly obtained funds by passing them through a complex sequence of banking transfers or commercial transactions.

Truth Social is a failed social media platform, that will merge with a publicly traded SHELL company. Financial Performance: Since its 2021 launch, Truth Social generated sales of less than $5 million. However, Trump’s supporters rallied to boost shares in the shell company, Digital World Acquisition Corp. Its a money laundering scheme.

https://www.cnn.com/2024/03/22/business/trump-truth-social-dwac-shares/index.html

skykiss, (edited )
@skykiss@sfba.social avatar

Truth Social/ DJT’ stock has all the earmarks of a pump and dump scheme and a stock swindle where the only people who will benefit in the long run will be insiders. Ie: Donald Trump and his cronies.

The financials of Truth Social are horrible. It is losing $5 million plus each quarter on revenue of less than $1 million a quarter.Truth Social is essentially a MAGA message board.

So why are people driving the stock price up? To be able to funnel dark and foreign money to Trump to use in his campaign without having to disclose the source of the investors. Campaign contributions have to be disclosed to the #FEC, but that can be avoided by buying Truth Social stock.

The stock is pumped up and Trump cashes in his shares. The SEC should take a very close look at this Trump pump and dump scheme.

🧵 4️⃣

https://www.meidastouch.com/news/opinion-djt-trumps-yugest-con-to-date

#SEC #Treasury #dojnatsec

skykiss, (edited )
@skykiss@sfba.social avatar

"Let us be very clear: according to industry experts, any cosigner for this loan would need to have a net worth of between $75 and $100 billion.

Not $75 and $100 million. $75 and $100 billion.
There are five or six Americans who meet that standard. Donald Trump himself has a negative net worth.

So the idea that any amount of money Trump gets from Truth Social would be enough to both purchase the bond and put up sufficient collateral for it is literal nonsense. A fantasy.

WHAT corrupt businessperson—and will it be a foreign national?—buys $3 billion of worthless meme stock from Trump as part of an obvious fire sale. And how much of a discount does the buyer seek?
If Trump were willing to accept $500 million for meme stock allegedly worth $3 billion, he could get away with it, I’m sure. But he will insist on full face value by stock price.
But if some dodgy figure pays him billions for obviously worthless paper assets"

🧵

#

br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar
skykiss, (edited ) to Milwaukee
@skykiss@sfba.social avatar

Manafort is a convicted felon. It’s not just that he’s a Kremlin agent who was paid $10 million/year by Oleg Derispaska starting in 2006 to advance Putin’s interests in the United States. It’s not just that he knowingly colluded with the Kremlin in 2016 bypassing proprietary data to Russian intelligence in mid-campaign.

Rapist Donald to Rehire Confessed Money Launderer Who Conspired with his Business Partner, a Russian spy, wanted by the FBI.

WaPo reported the criminal defendant Donald has hired the convicted felon, national security threat Manafort as a campaign adviser. The rapist pardoned Manafort in 2020 after he was convicted in 2018 on Obstruction of justice, bank fraud & tax charges.

Reward: The is offering a of up to $250,000 for information leading to the of Konstantin Kilimnik, a longtime Manafort business associate, a Russian intelligence agent.

Here's where Kilimnik passed data handed over by Manafort to .

skykiss,
@skykiss@sfba.social avatar

Here's where Paul Manafort pled guilty to laundering millions to hide that his influence operations were paid by dirty fascist russian-backed oligarchs.

https://www.justice.gov/archives/sco/file/1094156/dl#page=12

Remember, calls Kilimnik -- Manafort's long-time business partner in fluffing Russian-backed oligarchs -- a known Russian Intelligence Services agent (and says he interfered in 2020 election as well as 2016 election).

And,

Here's where Manafort pled guilty to conspiring with Konstantin Kilimnik.

🧵 2️⃣

image/png

ChrisMayLA6, to Economics
@ChrisMayLA6@zirk.us avatar

If Rachel Reeves is going to try & reform the Treasury then all well & good (the Treasury mindset has been a major impediment to progressive economic policy for decades)... but if she is merely going to strengthen it, then whatever her own views on how economic policy should be (re)formed, the forces of orthodox & conservative fiscal economics will ensure that the UK's chances for economic revival are stymied!

br00t4c, to random
@br00t4c@mastodon.social avatar
ChemicalEyeGuy, to TikTok
@ChemicalEyeGuy@mstdn.science avatar

and his wife are “planning to buy “ - with ‘souvenirs’ from his time as Sec’y of the ? 😂

from the .
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